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Dominican Republic Exports

Today online marketplaces are becoming a very important trade tool for marketing and business-to-business or business-to-customer transactions. Export Portal, the leading global B2B and B2C marketplace, helps global businesses or simple buyers connect with suppliers all over the world including the United States, China, Korea and many other countries. The Dominican Republic buyers/importers can search and contact manufacturers and suppliers safely and easily by categories and keywords.

The Dominican Republic is a part of the Caribbean countries. It is noteworthy that numerous free trade zones make the country an attractive hub to import/exportbusinesses. Throughout most of its history, the Dominican Republic's economy was heavily dependent on the production and export of sugarcane. Sugarcane is still one of the main cash crop grown in the nation, with cocoa and coffee being the other biggest export crops. The same applies to clothing industry which brings in the majority of export revenues.

Dominican Republic Imports

Export Portal is an international online marketplace for exporters and importers to connect with foreign markets. The portal is dedicated to small, mid size and large businesses finding markets for their products over today's competitive international business environment.

If your business is based in the Dominican Republic and you are looking for international suppliers or if you are a simple buyer wanting to buy goods online safely and easily across the globe, Export Portal is your one source destination. Establish business contacts worldwide to boost your business, or buy and sell cars, boats, apparel and shoes, beauty products, collectibles, sporting goods, electronics, baby items, chemical products, and everything else on Export Portal the world's leading online marketplace.

The Dominican Republic is a country which occupies the eastern two thirds of the island of Hispaniola, situated in the Greater Antilles archipelago (the Caribbean region). The country has the 9th largest economy in Latin America and is the largest economy in the Caribbean and Central American region. The Dominican Republic has a close relationship with the United States and with the other states of the Inter-American system. It is a member of the United Nations, World Bank, International Labour Organization, World Trade Organization and World Customs Organization.

Export/Import Requirements

The Dominican Republic uses the Harmonized Tariff System (HTS) for commodity classification, the basic import tax ranging from 0% to 40%. Dominican tariffs are bound by the WTO standards for all commodities, with the exception of the following eight agricultural commodities for which tariff rate quotas have been established: rice, sugar, chicken parts, pork, corn, onions, milk powder and garlic. With the exception of pharmaceutical products (including cosmetics, skin care products and drugs), most products do not require specific import licences. The Ministry of Health issues import licences for pharmaceutical products, which are valid for a period of five years.

The export/import documentation should be in Spanish or accompanied by a Spanish translation, and should include the following:

transportation document (air waybill or bill of lading)

commercial invoice

packing list

insurance certificate

certificate of origin (for some products)

Imports into free trade zones do not require import licences or customs duties.